Downtown Anchorage Homes for Sale

/47
$550,000
- 2 Beds
- 0.5 Baths
- 1,790 Sq Ft
326 W 10th Ave, Anchorage, AK 99501

Location, location, location! This lovely South Addition bungalow has been meticulously maintained and features beautiful hardwood floors, picture windows, an abundance of natural light, spacious kitchen, a huge basement to create your own space, and a big garage located off the alley, Located just a few blocks from the city center this is a great opportunity to live the Downtown Lifestyle.

Jamie Harvey Jack White Real Estate

326 W 10th Ave, Anchorage, AK 99501
/48
$650,000
- 5 Beds
- 3 Baths
- 3,280 Sq Ft
318 W 10th Ave, Anchorage, AK 99501

Downtown tri-plex located in the coveted neighborhood of South Addition with treelined streets, sidewalks & alleyways. Ideal location a few blocks from the hub of the city. Boasting a big front yard w/beautiful landscaping this would make a great Downtown Airbnb. Constructed when homes were built to last featuring original, custom details throughout. A one of a kind home that's a pleasure to own.

Jamie Harvey Jack White Real Estate

318 W 10th Ave, Anchorage, AK 99501
/3
$625,000
- Land
- 0.59 Acre
- $1,059,322 per Acre
000 W 3rd Ave, Anchorage, AK 99501

Paved B2C lot on the corner of 3rd Avenue and Eagle Street.

Joseph Miller Real Broker Alaska

000 W 3rd Ave, Anchorage, AK 99501
/4
$450,000
- Land
- 0.15 Acre
- $3,000,000 per Acre
327 W 5th Ave, Anchorage, AK 99501

6,500 Sq. Ft. parcel for sale in downtown Anchorage is the perfect development opportunity. Offers high visibility and traffic with it's supreme location on 5th Avenue, between C & D streets. Site is graded and ready for development. Preliminary geotechnical report available upon request.

Manny Rodriguez Jack White Commercial

327 W 5th Ave, Anchorage, AK 99501
/2
$625,000
- Land
- 0.66 Acre
- $946,970 per Acre
619 E 5th Ave, Anchorage, AK 99501

Development opportunity in downtown Anchorage! Excellent visibility and direct access to 5th Avenue. Four contiguous lots compromise 28,600 SF, level with utilities at site. Zoned B2C.

Michael James Berkshire Hathaway HomeServices Alaska Realty

619 E 5th Ave, Anchorage, AK 99501

Alaska Anchorage Downtown Anchorage

About Downtown Anchorage

Downtown Anchorage offers a blend of small-town charm and urban amenities, making it a vibrant place to live. The neighborhood is primarily a commercial hub with a largely renter-based market, featuring condos with water views and some established bungalows and cottages on the outskirts. These homes, built in the early-to-mid 20th century, are densely constructed but offer ample backyard space. The area is known for its proximity to dining, local retail, and the Park Strip, which hosts numerous activities and events. Students attend schools within the Anchorage School District, including Denali Elementary with its public Montessori curriculum, Romig Middle School with its STEM and Mathletes programs, and West Anchorage High School, which offers a language immersion program and scores above average for college readiness. There are plenty of things to do in Downtown Anchorage, with a variety of parks and green spaces. Delaney Park, also known as the Park Strip, is the largest park, featuring athletic fields, a seasonal ice rink, a rose garden, and a playground. Town Square Park offers an urban setting with an ice rink in winter and summer concerts, while Elderberry Park provides stunning water views and access to the Coastal Trail. The neighborhood is also home to the Anchorage Fifth Avenue Mall, the Alaska Center for Performing Arts, and the Anchorage Museum, offering a range of shopping, cultural, and educational experiences. Dining options are abundant, from Fire Island Rustic Bakeshop to Tent City Taphouse and Humpy's Great Alaskan Alehouse. Downtown Anchorage provides a lively and convenient lifestyle with its mix of residential charm and urban conveniences.

Learn more about living in Downtown Anchorage

Frequently Asked Questions

Is Downtown Anchorage a good place to live?

Downtown Anchorage is a good place to live. Downtown Anchorage is considered very walkable and very bikeable with good transit options. Downtown Anchorage is a suburban neighborhood. Downtown Anchorage has 6 parks for recreational activities. It is fairly sparse in population with 4.7 people per acre and a median age of 43. The average household income is $86,034 which is below the national average. College graduates make up 31.2% of residents. A majority of residents in Downtown Anchorage are renters, with 74.8% of residents renting and 25.2% of residents owning their home. A local real estate agent serving Downtown Anchorage can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Anchorage neighborhood guide.

Is Downtown Anchorage, AK a safe neighborhood?

Downtown Anchorage, AK is less safe than the average neighborhood in the United States. It received a crime score of 9 out of 10.

How much do you need to make to afford a house in Downtown Anchorage?

The median home price in Downtown Anchorage is $237,450. If you put a 20% down payment of $47,500 and had a 30-year fixed mortgage with an interest rate of 6.83%, your estimated principal and interest payment would be $1,240 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $53K a year to afford the median home price in Downtown Anchorage. The average household income in Downtown Anchorage is $86K.

What are the best public schools in Downtown Anchorage?

The best public schools that serve Downtown Anchorage are:

West High School has an A Niche grade, a student teacher ratio of 21:1 and an average review score of 3.8.
Inlet View Elementary School has an A- Niche grade and a student teacher ratio of 16:1.
Romig Middle School has a B+ Niche grade, a student teacher ratio of 18:1 and an average review score of 4.0.

What are the best private schools in Downtown Anchorage?

The best private schools that serve Downtown Anchorage are:

Holy Rosary Academy has an A Niche grade, a student teacher ratio of 9:1 and an average review score of 4.6.
Denali Montessori has a B Niche grade and a student teacher ratio of 14:1.

What are the most popular zip codes in Downtown Anchorage, Anchorage, AK?

The most popular zip codes in Downtown Anchorage, Anchorage, AK include 99577, 99504, 99516, 99507 and 99502.

What are the most popular neighborhoods near Downtown Anchorage, Anchorage, AK?

The most popular neighborhoods near Downtown Anchorage, Anchorage, AK are Fairview, South Addition, Government Hill, North Star and Spenard.

Home Trends in Downtown Anchorage, AK

On average, homes in Downtown Anchorage, Anchorage sell after 47 days on the market compared to the national average of 47 days. The average sale price for homes in Downtown Anchorage, Anchorage over the last 12 months is $427,376, up 15% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)

$225,000

Median Single Family Price

$387,500

Median 2 Bedroom Price

$519,000

Median 1 Bedroom Price

$147,500

Average Price Per Sq Ft

$293

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

0.90

Median List Price

$237,450

Median Discount From 1st List Price

Median Home Sale Price YoY Change

-13%

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The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.

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